This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ivalua’s new Environmental Impact Center empowers Procurement and SupplyChain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. As products are purchased within an organization, category managers can precisely track the year-to-date carbon emission trajectory for their purchases.
Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. Ivalua is a leading provider of cloud-based SpendManagement software. Redwood City, CA, December 15, 2022. About Ivalua.
The majority of organizations consider supplychaintransparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supplychains.
Accelerated digital transformation of healthcare supplychains to lower the cost of care and improve patient outcomes now possible. Redwood City, CA June 16, 2020 – Ivalua, a leading provider of global SpendManagement Cloud solutions, today announced the availability of a pre-packaged suite of solutions for healthcare providers.
However, these strategies often only account for direct procurement or the purchases associated with the products a company sells. Indirect spending, or those purchases that fall into the everything else categoryfrom IT equipment and professional services to payrollaren’t always held to the same standard.
How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. In recent years, however, many teams have managed to successfully shake off this long-outdated reputation. 8 Steps to Improve Procurement Efficiency. Enforcing this rule can result in major purchasing bottlenecks.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. But what happens if those supplychains are disrupted?
Ivalua SpendManagement Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supplychain teams will play a crucial role in making this vision a reality.
In recent years, Körber’s global supplychainmanagement network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.
SpendManagement is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. SpendManagement is a crucial element in ensuring that we achieve our financial goals.
Purchase control is one of those things that feels small until its not. Its the foundation for managing company spend, keeping cash flow in check, and making sure your team doesnt spend three days tracking down a single lost receipt. How much time is your team wasting on the purchase order process?
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supplychain GPO based in St. About Ivalua.
Redwood City, 11 August, 2022 – Ivalua, a global leader in spendmanagement , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement. Ivalua will also deliver implementation services. Infrastructure.
New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. Automated Bid & Buy: Empower users to conduct simple and automated spot bids from within a purchase requisition.
It can also help drive sustainability initiatives in your supplychain and procurement process. . The Closed Loop SpendManagement. You may ask yourself, why is closed loop spendmanagement being brought up? Responsible sourcing – Establishing trust and transparency in the value chain.
Predictive AI, on the other hand, uses historical data to forecast potential disruptions, price changes, and supplychain risks. Spend Analytics: Maximizing Efficiency and Driving Cost Reduction Why Its Critical: Spend analytics is a cornerstone of a procurement technology transformation.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. The Four Types of Procurement in Education Key Steps in the Education Procurement Process Who Benefits from Efficient Procurement? What's PLANERGY?
Group Purchasing and Indirect Spend: A Fairy-tale Romance A unique take on the relationship between group purchasing and indirect spend and how the two work together to drive cost savings and value. Once upon a time, in the bustling World of Procurement, there existed a charming knight known as Group Purchasing.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supplychain GPO based in St. About Ivalua.
Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Consus and Ivalua implemented and went live with the solution for Pacific Drilling in just two weeks.
Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud SpendManagement solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. About Ivalua. Media Contact.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Schools rely on vendors for everythingtextbooks and classroom supplies, technology, food services, and maintenance. What's PLANERGY?
Rather than treat procurement as a series of disparate tasks, global organizations in all sectors implement efficiency across the source-to-pay journey. Big data and digital technologies support the aggregation of purchases across business units to improve performance, provide better spend analysis, and drive business value.
The Basics of Group Purchasing. Discover the basics of group purchasing and the benefits of working with a group purchasing organization to develop a comprehensive procurement strategy. The basics of group purchasing. Benefits of working with a group purchasing organization. By Mackenzie Oakley | January 5, 2023.
To do this effectively, Procurement will need to take steps to ensure governance and transparency within their organizations, and in Banking, this is often easier said than done. How Choosing the Right SpendManagement Solution Can Help. Strongly guided purchasing processes. Download it here now. About the Author.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Simpler Logistics and SupplyChainManagement With operations overseas, you run the risk of becoming too reliant on global supplychains.
Identifying the need for foundational technology and processes Before joining Utz as its SVP Procurement, Ron had been consulting with the SupplyChain department working on a number of different projects. In addition, the broader supplychain organization was working to implement other new tools and processes.
A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. Creating a job order as well as purchase orders is one of them. What is a Job Order?
To reduce inefficiencies and fraud, grant activities are governed by several regulations including these two relatively recently enacted laws: The Digital Accountability and Transparency Act of 2014 (DATA Act) – This law expands on federal awards reporting reforms that began with the Federal Funding Accountability and Transparency Act of 2006.
Supplier Management is not limited to the transactional nature of a business relationship (purchase orders, catalog items, invoices, etc. ) Why is Holistic Supplier Management important? Holistic Supplier Management can provide value beyond sourcing and Procure-to-Pay savings. Digitize supplychain collaboration .
Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Consus and Ivalua implemented and went live with the solution for Pacific Drilling in just two weeks.
Research from Ivalua , a leading global spendmanagement cloud provider , has revealed that less than a quarter of UK businesses have comprehensive and fully implemented plans and KPIs for improving the sustainability of goods and services. Conversely, in most cases, corporates lack meaningful data beyond tier 1 of their supplychains.
Historically, the focus has been on optimizing portfolios of spend—prioritizing what to address, defer, or ignore—using well-known frameworks such as the Kraljic Matrix and the Pareto Principle. This allows procurement teams to set up events quickly and efficiently, pre-populating supplier bid sheets with suggested prices.
It is a process that creates efficiencies across all spend categories, minimizes supplychain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Assessment of the supply market (who offers what?) emergency purchases and b.)
SAP Ariba : A leading procurement software company, SAP Ariba offers a comprehensive suite of solutions for supplier management, strategic sourcing, procurement, and financial supplychainmanagement.
EPISODE 137 Using Visibility to Combat SupplyChain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.
The right software can guarantee better fleet management and more efficiency which can translate to increased profitability overall. This echoes JAGGAER’s focus on better spendmanagement for a host of industries including the supplychain. Manual labor can be inefficient and lead to poor spendmanagement.
If you are a purchasingmanager struggling to meet your saving targets, you’re not alone. . Technological advancements are also rapidly changing the responsibilities of purchasingmanagers. . Now is a crucial time to re-evaluate the importance of purchasing in the overall organization strategy. Lack of visibility.
Here, spend analytics, e-sourcing and tail spendmanagement have emerged, not just as business tools but also as catalysts of change, sculpting a new narrative in the source-to-pay domain. Efficiency gains in the procurement lifecycle contribute directly to cost optimization by reducing manual effort and cycle times.
Some focus on cloud accounting and bookkeeping, while others specialize in forecasting, budgeting, purchasing, and compliance. In this guide, well break down the must-have virtual CFO tools, covering everything from accounting and cash flow management to procurement and expense tracking. Test before you commit.
Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. It is a crucial process for organizations that are looking to streamline their procurement activities, better managespend and suppliers and increase operational efficiency. What is Source-to-Pay?
The pandemic wreaked havoc on businesses and their supplychains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supplychain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.
The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supplychain.
Ivalua SpendManagement Insights [ivory-search] Payment Cards FAQ: More Cash Rewards, Less Effort April 28, 2023 | | Innovation by Steve Carter Unlock your Payment Solution Organizations are rethinking their traditional payment methods as they seek to maximize savings while securely streamlining the invoicing process.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content